Business, 22.09.2019 11:00 erinwebsterrr

Andrews share of net income is $35,000 and barbara’s share of net income is $45,000. which of the following would be included in a closing entry as a result of these allocations
a. andrews capital account would be credited for $40,000
b. andrews capital account would be debited $35,000
c. the income summary would be devoted for $80,000
d. barbara’s capital account would be credited $40,000

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Andrews share of net income is $35,000 and barbara’s share of net income is $45,000. which of the fo...